21 July 2025 - Reference is made to the stock exchange announcement made by
Prosafe SE (the "Company") on 24 April 2025 regarding the recapitalization of
the Company, where it was announced, amongst other things, that part of the
Company's debt, including to the institutions listed below, will be converted
into equity in the Company (the "Debt Conversion"). Further reference is made to
the stock exchange notice made by the Company today, 21 July 2025, regarding
completion of the Debt Conversion.
Following the Debt Conversion, the shareholders listed below will exceed a
disclosure threshold pursuant to the Norwegian Securities Trading Act Section
4-2:
1. Acasta Global Master Fund will own in total 21,555,640 shares in the
Company, representing approximately 6.35 % of the outstanding shares and
votes in the Company following completion of the Debt Conversion, thereby
crossing the 5 % disclosure threshold in the Norwegian Securities Trading
Act Section 4?2